Summary:

1. The Amendment to Bank Indonesia Circular Letter is made in relation to the Amendment to Bank Indonesia Regulation Number 10/11/PBI/2008 concerning Bank Indonesia Sharia Certificate as amended by Bank Indonesia Regulation Number 12/18/PBI/2010 dated August 30, 2010 as well as in order to harmonize the provisions on monetary operations.
2. The provision in Roman number V point 2.b.10) shall be amended so that it shall be read as follows:
   10) In the event that Bank Indonesia makes an early redemption, Bank Indonesia shall pay SBIS Return to BUS or UUS up to 1 (one) business day prior to the early redemption (T-1).
3. The provision in Roman number VI point 1.b shall be amended so that it shall be read as follows:
   b. a financial penalty of 0.01% (one per tenth thousandth) of the cancelled settlement value, with the minimum amount of Rp10,000,000.00 (ten million rupiah) and the maximum amount of Rp100,000,000.00 (one hundred million rupiah) for each cancellation.
4. Roman number VI point 1.c is amended to become Roman number 2, shall be ammended so that it shall be read as follows:
   2. Without prejudice to to the sanctions as referred to in point VI.I, in the event that a BUS or UUS makes cancelled SBIS Repo Transaction and/or other cancelled sharia monetary operations transactions, as referred to in Bank Indonesia Regulation concerning sharia monetary operations, three times during 6 (six) month-tenure, the BUS or UUS shall be subject to termporary suspension of its participation in sharia monetary operations for 5 (five) consecutive business days.
5. Appendix 2 shall be amended to be as set out in Appendix 2 to this Bank Indonesia Circular Letter.
6. Appendix 3 shall be amended to be as set out in Appendix 3 to this Bank Indonesia Circular Letter.
7. This Bank Indonesia Circular Letter shall be effective on August 30, 2010